https://www.taxtmi.com/caselaws?id=190093 The Tribunal upheld the Ld. CIT(A)'s orders granting exemption u/s.11 of the I.T. Act, 1961 to an Export Promotion Council for the Assessment Years 2005-06, 2006-07, and 2007-08. The High Court affirmed that the council's activities were charitable, fulfilling statutory conditions and maintaining separate accounts for exhibition activities. Consequently, the Revenue's appeals were dismissed, and the exemption u/s.11 was allowed based on precedent and lack of merit in the Revenue's arguments. en-us Fri, 26 Aug 2011 00:00:00 +0530 Mon, 06 Feb 2017 11:23:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190093 The Tribunal upheld the Ld. CIT(A)'s orders granting exemption u/s.11 of the I.T. Act, 1961 to an Export Promotion Council for the Assessment Years 2005-06, 2006-07, and 2007-08. The High Court affirmed that the council's activities were charitable, fulfilling statutory conditions and maintaining separate accounts for exhibition activities. Consequently, the Revenue's appeals were dismissed, and the exemption u/s.11 was allowed based on precedent and lack of merit in the Revenue's arguments. Case-Laws Income Tax Fri, 26 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190093